Prince\'s Foundation joins ecotowns drive
The Prince\'s Foundation for the Built Environment is to give design guidance for a potential ecotown scheme of 5,000 houses near Nottingham.
Redrow reduces capacity and makes 550 redundant
Redrow has moved to reduce its capacity as the continuing impact of the credit crunch has seen its sales volumes during the first six months of the year fall b…
Bovis cuts 40% of workforce as sales fall by 32%
Bovis has announced significant cost cutting measures as its sales volumes have fallen by 32% on last year, with 851 homes sold during the first six months of …
Mortgage lending in May down 44% year-on-year
Latest figures from the Council of Mortgage Lenders (CML) shows that the total value of mortgage funding issued for house purchases in May, £7.6 billion, was d…
Persimmon to shed 1,100 staff as sales fall by 34%
Persimmon\'s trading update for the first six months of the year illustrates the continuing impact of the so-called mortgage famine, as sales are down by 31% a…
Mortgage rates continue to rise – Moneyfacts
Latest research from moneyfacts.co.uk shows that mortgage rates for fixed rate deals are continuing to climb, with two or three year rates now standing at more…
Persimmon expected to announce mass redundancies
Volume housebuilder Persimmon has made around 1,000 of its staff redundant following a two-month consultation with its employees, according to reports.
Government announces HCA delivery protocol
A protocol has been agreed that sets out the way local authorities will work with the soon-to-be-established Homes and Communities Agency to deliver new housin…
Housing pack \"not enough\" HBF warns government
The government\'s housing package aimed at stimulating the market is nowhere near enough to make a real impact, the HBF has warned government.
Mortgage famine to worsen, lenders tell Bank
A Bank of England survey of lenders has revealed a widespread view that the so-called mortgage famine is set to worsen over the next three months.
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